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Wednesday, April 24, 2024 4:25:37 PM
Strictly speaking that is true, however I don't think NWBO would necessarily warn us in advance if they intended a reverse split, especially given their communication style.
The company has done one or two R/S's in its history before so it's not unthinkable for them.
In fact, there was going to be yet another time, back in late 2016 when they intended to spring the bad news on us with a special meeting and only held off because the Nasdaq would not work with them on staying listed even if they did an R/S to appease them.
Now there is no Nasdaq to restrain them and so if they decide it's the most expedient way to get listed they might do it, and no, they are not likely to warn us beforehand. If anything they will hope the warm glow of approval and the prospect of uplisting etc. will cause us to swallow the R/S without a murmur.
Every month we await approval and keep getting diluted at these fire sale prices makes it a taller and taller mountain to climb for us to get to a sufficiently high uplisting price via legitimate, organic growth post approval and this is especially true if NWBO decides to keep sitting on their hands when it comes to investor and media relations.
So while I think some folks are using the R/S talk as a scare tactic, pretending that the prospect is 'only disinformation' is equally unreasonable.
Recent NWBO News
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 03/01/2024 10:04:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/02/2023 01:31:35 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/16/2023 10:11:54 PM
- Epazz, Inc. (OTC Pink: EPAZ) ZenaDrone Demonstration to Defense Departments of UAE and Saudi Arabia • InvestorsHub NewsWire • 11/15/2023 12:19:31 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/09/2023 09:30:39 PM
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration ZenaDrone 1000 • InvestorsHub NewsWire • 11/09/2023 01:00:34 PM
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration ZenaDrone 1000 Extreme Weather Demo • InvestorsHub NewsWire • 11/07/2023 12:29:43 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/09/2023 08:36:14 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM